arXiv · 1607.02349
Toward an integrated workforce planning framework using structured equations
Abstract
Strategic Workforce Planning is a company process providing best in class, economically sound, workforce management policies and goals. Despite the abundance of literature on the subject, this is a notorious challenge in terms of implementation. Reasons span from the youth of the field itself to broader data integration concerns that arise from gathering information from financial, human resource and business excellence systems. This paper aims at setting the first stones to a simple yet robust quantitative framework for Strategic Workforce Planning exercises. First a method based on structured equations is detailed. It is then used to answer two main workforce related questions: how to optimally hire to keep labor costs flat? How to build an experience constrained workforce at a minimal cost?
Explore related subjects
Keep this discovery
Marie Doumic, Benoît Perthame, Edouard Ribes, Delphine Salort, Nathan Toubiana. 2016-07-08. Toward an integrated workforce planning framework using structured equations. https://arxiv.org/abs/1607.02349
Cite the original work for its findings. Save a collection to share your selection of sources.